| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 58th | Fair |
| Amenities | 99th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 130 Humboldt St, Brooklyn, NY, 11206, US |
| Region / Metro | Brooklyn |
| Year of Construction | 1972 |
| Units | 65 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
130 Humboldt St, Brooklyn NY Multifamily Investment
Neighborhood occupancy has trended in the mid-90s with a deep renter base, supporting income durability for stabilized multifamily, according to WDSuite’s CRE market data. These metrics reflect the surrounding neighborhood, not the property, and point to steady renter demand in an Urban Core location.
Located in Brooklyn’s Urban Core, the neighborhood scores in the top quartile among 889 metro neighborhoods for overall performance (A rating; neighborhood rank 63 of 889), indicating strong fundamentals for multifamily investors. Amenity access is a standout—grocery, restaurants, parks, pharmacies, and cafés register at very high national percentiles, reinforcing walkability and day-to-day convenience that tends to support retention and leasing velocity.
Operationally, neighborhood occupancy is 96.6% (above national norms) and has edged higher over five years, suggesting stable renter demand; note this is measured for the neighborhood, not the property. The share of housing units that are renter-occupied is elevated (ranked 13th out of 889 metro neighborhoods), signaling a large tenant base and depth of demand for small-unit product.
Home values are high for the area (nationally high percentile with median values in the $700K+ range), which typically sustains reliance on rentals and supports pricing power for well-located properties. Rent-to-income in the neighborhood sits near 0.29; while manageable for many renters, operators should monitor affordability pressure and tailor renewal strategies accordingly. School ratings trend below national averages, which may temper appeal for family-oriented renters but is less consequential for studios and smaller formats.
The property’s 1972 vintage is newer than the neighborhood’s average construction year (1964). For investors, that positioning can enhance competitive standing versus older stock while still leaving room for targeted modernization of systems and finishes to capture value-add upside.
Safety indicators are mixed and should be contextualized. The neighborhood’s crime rank sits at 353 out of 889 metro neighborhoods, indicating conditions that are weaker than many parts of the metro. Nationally, safety percentiles are on the lower end, though recent year-over-year trends show double-digit declines in both violent and property offense estimates, which is a constructive direction. Use submarket and street-level diligence to confirm conditions around the asset and along primary pedestrian routes.
Nearby corporate employers provide a diversified white-collar employment base that supports renter demand and commute convenience, including JetBlue Airways, Con Edison Distribution Engineering, Yahoo, AIG, and Pfizer.
- Jetblue Airways — airline (3.1 miles) — HQ
- Con Edison Distribution Engineering — utilities (3.2 miles)
- Yahoo — media & technology (3.2 miles)
- Aig — insurance (3.4 miles) — HQ
- Pfizer — pharmaceuticals (3.5 miles) — HQ
130 Humboldt St is a 1972-vintage, 65‑unit asset positioned in a high-amenity Brooklyn neighborhood with strong renter orientation. Neighborhood occupancy is high and renter-occupied share is substantial, pointing to steady tenant demand and durable leasing fundamentals. High local home values reinforce reliance on rentals, while a rich amenity base supports retention. Based on CRE market data from WDSuite, the surrounding neighborhood’s occupancy has trended stable, and amenity access ranks among the metro’s leaders.
Within a 3-mile radius, recent population and household growth, alongside rising incomes, indicate a larger renter pool ahead; forward-looking data also show additional gains in households, which can support occupancy stability and rent growth for updated product. Given the 1972 vintage, targeted capital planning around building systems and interior upgrades could unlock value-add potential relative to older nearby stock.
- High neighborhood occupancy and deep renter base support income durability
- Top-tier amenity access and Urban Core location aid leasing velocity and retention
- Elevated home values in the area sustain rental demand and pricing power
- 1972 vintage offers modernization and value-add potential versus older stock
- Risks: below-national safety percentiles and weaker school scores warrant underwriting for security, marketing, and tenant-mix strategies